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Author: Chris Smith

I am a crypto enthusiast and believe in the potential of cryptocurrencies and blockchain to revolutionize the financial world as we know it. I have been covering crypto news for over 6 years and truly believe the media can contribute to the mass adoption of digital assets.

Mt.Gox Moves $2.8B in Bitcoin

Reading Time: < 1 minuteA wallet associated with Mt Gox sent approximately 42587.49 BTC (worth $2.82 billion) to a new address at around 5 a.m. UTC on Tuesday.

July 23, 2024July 23, 2024 Chris Smith News

ETF Inflows Will Affect Ethereum Price in Near Term: Report

Reading Time: < 1 minuteEthereum ETFs could potentially lead to a decrease in demand for ETH, as some investors may sell their shares and switch to the newly launched spot ETFs.

July 23, 2024July 23, 2024 Chris Smith Opinion

Market Update July 22

Reading Time: < 1 minuteThe cryptocurrency market experienced a relatively calm day with most major coins showing slight increases over the past 24 hours.

July 22, 2024July 22, 2024 Chris Smith Market updates

WazirX Announces a Bounty Program

Reading Time: < 1 minuteWazirX co-founder Nischal Shetty has announced a reward program to support the exchange in recovering or freezing the funds that were stolen during a recent hack.

July 22, 2024July 22, 2024 Chris Smith News

Market Update July 19

Reading Time: < 1 minuteThe cryptocurrency market experienced a mixed bag of results over the past 24 hours.

July 19, 2024July 19, 2024 Chris Smith Market updates

OKX Establishes its MiCA Hub in Malta

Reading Time: < 1 minuteCrypto exchange OKX has chosen Malta as its hub for MiCA (Markets in Crypto-Assets) as this new regulatory framework is being implemented in the European Union.

July 19, 2024July 19, 2024 Chris Smith News

Market Update July 18

Reading Time: < 1 minuteBitcoin defied the downward trend with a loss of around 1% and is now trading at $64,745.

July 18, 2024July 18, 2024 Chris Smith Market updates

OKX Announces It Is Leaving Nigeria

Reading Time: < 1 minuteOn July 17, OKX announced in an email to clients in Nigeria that it would be exiting the country and discontinuing its services for Nigerian customers.

July 18, 2024July 18, 2024 Chris Smith News

Market Update July 17

Reading Time: < 1 minuteWhile some digital assets have enjoyed a surge in value, others have taken a tumble, leaving investors glued to their screens and grappling with the ever-shifting landscape.

July 17, 2024July 17, 2024 Chris Smith Market updates

Craig Wright Admits He Is Not Satoshi Nakamoto

Reading Time: < 1 minuteAustralian computer scientist Craig Wright, who had long claimed to be the creator of Bitcoin, has been ordered by a judge to publicly state that he is not Satoshi Nakamoto.

July 17, 2024July 17, 2024 Chris Smith News

Kraken Receives Mt. Gox Reimbursement Funds

Reading Time: < 1 minuteRecent reports have revealed that Kraken users have received an email from the exchange notifying them that the reimbursement funds from Mt. Gox have been transferred to Kraken’s control and will be distributed within the next seven to 14 days.

July 17, 2024July 17, 2024 Chris Smith News

Market Update July 16

Reading Time: < 1 minuteBitcoin exhibited a cautious approach over the past day. Some sources, like Binance, report a slight dip of around 0.19%, placing its current price around $62,832.

July 16, 2024July 16, 2024 Chris Smith Market updates

SEC: Ethereum ETFs to Begin Trading on July 23

Reading Time: < 1 minuteThe Securities and Exchange Commission (SEC) has informed potential issuers of a spot Ethereum (ETH) exchange-traded fund (ETF) that they can begin trading next Tuesday.

July 16, 2024July 17, 2024 Chris Smith Opinion

Metaplanet Acquires $1.2M in Bitcoin

Reading Time: < 1 minuteBitcoin investment company Metaplanet has recently acquired another 21.88 Bitcoin.

July 16, 2024July 16, 2024 Chris Smith News

Market Update July 15

Reading Time: < 1 minuteThe cryptocurrency market experienced a mixed bag of results over the past 24 hours after a weekend of relative calm, suggesting a potential pause in the recent volatility.

July 15, 2024July 15, 2024 Chris Smith Market updates

Ethereum Price Surpasses $3,300 Boosted by Potential ETF Approval

Reading Time: < 1 minuteThe price of Ether has reached over $3,300 in anticipation of the potential launch of spot ETH exchange-traded funds (ETFs) by the end of this week.

July 15, 2024July 15, 2024 Chris Smith News

Bitcoin Whales Accumulate $4.3B in BTC

Reading Time: < 1 minuteDuring the market downturn earlier this month, many larger holders of Bitcoin, known as whales, took advantage of the low prices to accumulate a significant amount of the cryptocurrency.

July 15, 2024July 15, 2024 Chris Smith News

Market Update July 12

Reading Time: < 1 minute Over the past 24 hours, prices have swung across a spectrum, reflecting the ever-shifting tides of investor sentiment, project developments, and broader economic forces.

July 12, 2024July 12, 2024 Chris Smith Market updates

OKX to Set its Europe Hub in Malta

Reading Time: < 1 minuteOKX is planning to establish a foothold in the European Union by setting up in Malta and adhering to the new Markets in Crypto assets (MiCA) regulatory framework.

July 12, 2024July 12, 2024 Chris Smith News

US House Fails to Overturn Biden’s Veto of a SEC Crypto Rule

Reading Time: < 1 minuteIn a vote of 228-184, US lawmakers fell short in their attempt to override President Joe Biden’s veto of a legislative measure designed to reverse a controversial crypto accounting bulletin.

July 12, 2024July 12, 2024 Chris Smith News

Market Update July 11

Reading Time: < 1 minuteThe cryptocurrency market painted a picture of relative calmness over the past 24 hours, with many major coins experiencing minimal price swings.

July 11, 2024July 11, 2024 Chris Smith Market updates

BitMEX Pleads Guilty to Violating the Bank Secrecy Act

Reading Time: < 1 minuteIn violation of the Bank Secrecy Act, BitMEX has admitted guilt in a new announcement from the US Department of Justice on Wednesday.

July 11, 2024July 11, 2024 Chris Smith News

Terraform Labs Plans to Sell 4 Companies

Reading Time: < 1 minuteTerraform Labs has recently announced plans to sell four of its businesses as part of a $4.5 billion deal with the United States Securities and Exchange Commission (SEC).

July 11, 2024July 11, 2024 Chris Smith News

Market Update July 10

Reading Time: < 1 minuteThe cryptocurrency market experienced a positive swing in the last 24 hours, with the overall market capitalization climbing roughly 2%.

July 10, 2024July 11, 2024 Chris Smith Market updates

BlackRock’s Tokenized Fund Market Value Exceeds $500 Million

Reading Time: < 1 minuteBlackRock’s BUIDL Fund, which was launched on the Ethereum network in March, has surpassed $500 million in market value, making it the highest-valued tokenized treasury fund in the world.

July 10, 2024July 10, 2024 Chris Smith News

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